Ampd Energy manufactures the Enertainer and Ampd Silo battery energy storage systems (ESS) alongside connectivity software and data science to electrify, connect, and optimize industrial and construction operations. Its proprietary software provides 24/7 real-time monitoring and problem diagnostics, delivering data-driven insights. The company has deployed more than 300 smart battery units, primarily in construction, across seven countries and has abated over 69,000 tons of CO2 — the equivalent of about 88,000 cars. Ampd’s products target emissions-free power for heavy industries while enabling operational visibility and optimization. The company plans to use new funding to expand decarbonization into new verticals and to target new geographies including the Middle East, Europe, the United States, and Southeast Asia. Growth and geographic expansion will be supported by its partnership with Kibo Invest and Openspace. Ampd Energy manufactures battery energy storage systems and is based in Hong Kong. The company recently secured $8 million in an extension of its Series A round. The funding round was led by returning investors European venture capital firm 2150 and Asian real estate technology investor Taronga Ventures. The articles state the capital is intended to support global expansion. No revenue, user, or other operating metrics were disclosed in the coverage. Further financial or product-roadmap details were not provided in the articles.

Total raised

$35M

Funding rounds

2

Latest round

Series B

Latest activity

Nov 2024